All H2020 grants which hit the €325,000 threshold will require an audit at the end of the project, regardless of when the threshold is met.
This varies from the FP7 model, whereby an audit must occur every time €375,000 is reached so €375,000, then €750,000 etc.
RSO Post Award will liaise with PIs prior to and during an audit to ensure that all evidence (timesheets, receipts etc.) is available. RSO will assist the auditors by setting up appointments with the payroll department and answering queries. EC Project Administrators are required to produce cost statements and provide evidence in advance of the audit, and to assist with queries as soon as possible to enable audits to be completed before deadlines.
Please be aware that audits for H2020 grants are significantly more detailed than for FP7 or other funders. Additional evidence of expenditure eligibility will need to be provided (see expenditure evidence above) and the auditors will need to meet with the project team.